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Unpacking the box: Corporate Sustainability Reporting and Due Diligence

Many companies and policy makers still struggle with understanding the interconnectedness between corporate sustainability reporting and due diligence. Through keynote addresses and a panel discussion with insights from various stakeholders, this side session will provide the audience with an understanding of the interconnected relationship between sustainability reporting and due diligence.

The GRI Universal Standards 2021 give full effect to the OECD Due Diligence Guidelines for Multinational Enterprises and the UN Guiding Principles. These standards require companies to report on all steps of the due diligence process, including actions to identify, prevent, mitigate, and account for potential adverse impacts, and the outcomes of these actions, incorporating reporting on remediation. 

GRI has recently initiated a project to develop a dedicated sector standard for textiles and apparel. Topics to be included in this standard will reflect the most significant impacts of the sectors and include disclosures to report on these, with Due Diligence being the process that addresses these impacts. As the GRI Standards are the most widely adopted sustainability reporting framework, including by the world’s largest garment companies, a dedicated sector reporting standard is expected to increase the level of due diligence implementation and raise responsible business conduct in the garment sector, upstream and downstream.

Draft Agenda
- Welcome & Introduction, Tabitha Bailey & Aditi Haldar, GRI
- Keynote 1: Alexandra de Freitas, GRI
- Keynote 2: Jazz Smith-Khaira, UNICEF
- Keynote 3: Liesl Truscott, Textiles Exchange
- Keynote 4: Chara de Lacey, Transparency International UK
- Keynote 5: Bea Ruoff, ACT on Living Wages
- Panel discussion with the speakers moderated by Aditi Haldar and Audience Q&A

Feb 13, 2023 09:00 AM in Amsterdam, Berlin, Rome, Stockholm, Vienna